122
122
Dec 26, 2012
12/12
by
CNBC
tv
eye 122
favorite 0
quote 0
. >> reporter: for insurors, 2013 will bring more m & a to diversified business as u.s. profit margins are squeezed by regulation and competition. united health's $5 billion acquisition of brazil's biggest health provider will likely push others to hunt for more international growth. >> medical device makers face a 2.3% excise tax starting in 2013 under obama care. it's been a head wind for stocks like boston scientific and striker. any kind of reprieve on that rate is going to be a positive for the sector. >> reporter: the biggest story of the year will be the buildout of the state health exchanges. the federal government has to build 32 of them for states opting out, along with a complex central data hub to manage eligibility and subsidy payments. it will be little short of a miracle to get the online insurance marketplaces up and running smoothly by october 1st, when millions of uninsured americans are supposed to start signing up for obama care coverage. >> so what rule will have the biggest impact on the health care industry and who will be most affected? joining us
. >> reporter: for insurors, 2013 will bring more m & a to diversified business as u.s. profit margins are squeezed by regulation and competition. united health's $5 billion acquisition of brazil's biggest health provider will likely push others to hunt for more international growth. >> medical device makers face a 2.3% excise tax starting in 2013 under obama care. it's been a head wind for stocks like boston scientific and striker. any kind of reprieve on that rate is going to...
141
141
Dec 27, 2012
12/12
by
CNBC
tv
eye 141
favorite 0
quote 0
the dow staged and pulled lower today by u.s. senator harry reid and the idea that the markets would send the markets higher in late trading and even though the gains latt in the kay were trimmed. mitch wok nell tock to the fleb vp strategy. the weaker performers were financial, materials as well as utilities among the sectors offsetting late-day games we saw in discretionary and staple stocks low on initial consumer sentiment and the cliff. home builders today finished something very good. november home sales for strong continue once again. of course, now all eyes to this weekend to see what hang will done about the cliff. back to you. >> if, at all. thank you, mary. housing is clicking on all cylinders right now. home prices up nearly 7 boston this year making it the first yearly gain we've seen in housing six 2006. that's unbelievable. >> it is unbelievable. >> look the november numbers. 14.5% jump in existing home sales. mary mentioned the 15% increase in new home sales. mortgage rates still close to all-time lows right now.
the dow staged and pulled lower today by u.s. senator harry reid and the idea that the markets would send the markets higher in late trading and even though the gains latt in the kay were trimmed. mitch wok nell tock to the fleb vp strategy. the weaker performers were financial, materials as well as utilities among the sectors offsetting late-day games we saw in discretionary and staple stocks low on initial consumer sentiment and the cliff. home builders today finished something very good....
233
233
Dec 29, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
that lockout cost the u.s. economy about $1 billion a day and it took more than six months to fully recover from. >> i have to think that a lot of retailers have already tried to make alternate plans because they were fearful this was going happen and so as a result have started to spend money. did some companies start airfreighting stuff instead which would be much more expensive because of this? >> this is the second time a lot of retailers have had to do contingency planning. when it was set to expire in september, a lot of companies started doing the contingencies then and then back in november they started planning for the potential strike and the contingencies included shipping product to the west coast and to the west coast ports and looking at an cade an ports and bringing products a lot earlier in the process and putting them in storage. >> wow! all right. a lot of complication and supply chain management is literally, you can major in it because it can be so complicated. jonathan, good to have you her
that lockout cost the u.s. economy about $1 billion a day and it took more than six months to fully recover from. >> i have to think that a lot of retailers have already tried to make alternate plans because they were fearful this was going happen and so as a result have started to spend money. did some companies start airfreighting stuff instead which would be much more expensive because of this? >> this is the second time a lot of retailers have had to do contingency planning....
233
233
Dec 28, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
an associated press analysis shows individual investors have pulled at least $380 billion u.s. stock funds from april 2007 and it's the first time ordinary investors have sold during a bull market since world war ii. >>> mortgage rates headed down last week according to freddie mac. the 30-year fixed rate average was 3.35%, just 0.04% from the 40-year lowest on record since 1971. the average on 30-year fixed rates was 3.66%, the lowest in 65 years. michelle, it seems like a good time to buy. >> yeah, maybe. >> thank you, seema, if you can get the loan. >>> why when we just upgraded their trade status in we're about to get answers from a russian expert just ahead. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit offection. report. i'm michelle caruso-cabrera. >> gun control advocates talk about great laws in gun ownership if great britain. there's only one problem, they don't work. they seem to have made things even
an associated press analysis shows individual investors have pulled at least $380 billion u.s. stock funds from april 2007 and it's the first time ordinary investors have sold during a bull market since world war ii. >>> mortgage rates headed down last week according to freddie mac. the 30-year fixed rate average was 3.35%, just 0.04% from the 40-year lowest on record since 1971. the average on 30-year fixed rates was 3.66%, the lowest in 65 years. michelle, it seems like a good time...
61
61
Dec 28, 2012
12/12
by
CNBC
tv
eye 61
favorite 0
quote 0
i know the average income in china, 3500 to 4,000 u.s. dollars and the average home in beijing trades at 100 times income, that makes me a little nervous. you know more about asia than i do. >> when you get those average income numbers, that's encompassing a very vast country. when you look at the house prices on the eastern seaboard, places like shanghai and beijing, it's a small sliver obviously of that. it's not really apples and apples. it's apples and oranges. i don't know how to say that in chinese. i'm sure there's a fantastic saying to say it's not apples and apples. >> apparently our predictions are happening. the dow is coming back. i'm kidding. >> we're still down. we're back above 13,000. there you go. >> comeback. >> on the way to a record high. >> come back ten points, but it clearly is my prediction on a good dow next year. that can be the only reason. >> soak it up, baby. soak it up. >> yeah, right. >> come it up. i'm staying good-bye here. imheading off to the closing bell. up next what the fiscal cliff could mean for mom
i know the average income in china, 3500 to 4,000 u.s. dollars and the average home in beijing trades at 100 times income, that makes me a little nervous. you know more about asia than i do. >> when you get those average income numbers, that's encompassing a very vast country. when you look at the house prices on the eastern seaboard, places like shanghai and beijing, it's a small sliver obviously of that. it's not really apples and apples. it's apples and oranges. i don't know how to say...
154
154
Dec 28, 2012
12/12
by
CNBC
tv
eye 154
favorite 0
quote 0
at the white house for almost six years, experience with the treasury department and also a former u.s. mint director. do you have any -- any feeling, any sort of inside feeling, if you like, about what's going on over there? >> yeah, you know, i've been there before, and can i say that all the parties truly wanted to come to some type of resolution, but they have kicked the can down the road so many times it's all the solutions that are left are extremely difficult ones with huge political and economic negative consequences, so from my perspective they are having so much difficulty trying to come to agreement. i'm shaving a little bit off of this year's deficit. we're going to have fiscal problems for as far as the eye can see, an here's where an investor, a smart investor is going to want to diversify, especially into things like tangible assets like gold. >> you're going to make the case for gold here, which, you know, has had a heck of a run for the last decade or so, but it has started to show signs of wear and tear. what would propel gold from here necessarily? >> well, two thing
at the white house for almost six years, experience with the treasury department and also a former u.s. mint director. do you have any -- any feeling, any sort of inside feeling, if you like, about what's going on over there? >> yeah, you know, i've been there before, and can i say that all the parties truly wanted to come to some type of resolution, but they have kicked the can down the road so many times it's all the solutions that are left are extremely difficult ones with huge...
238
238
Dec 26, 2012
12/12
by
CNBC
tv
eye 238
favorite 0
quote 0
. >> on the next "american greed", the largest identity theft in u.s. history. operation get rich or die trying. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [i'm with scottrad.
. >> on the next "american greed", the largest identity theft in u.s. history. operation get rich or die trying. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy....
59
59
Dec 26, 2012
12/12
by
CNBC
tv
eye 59
favorite 0
quote 0
the u.s. fda considering it. their decision expected by st. patrick's day of 2013. infinity farm amended a licensing agreement involving enzymes that could help fight against cancer. rbc likes it. they raised their price target to 38 from 32. this company also recently sold stock which rbc adds could help shore up their capital position. >>> finally, best buy. best buy shares not moving higher today. in fact, down a percent. but you had positive comments i want to relay to you about the new store remodels. an analyst went to best buy post- and pre-model and says the new stores are a real up grade from the whole. he believes the new design could help sales. best buy down about 33% this quarter. >>> in bonus stock which is not a stock at all, it is an etf, talking about the uso, i'm only showing it to you because it's up 2.7%. it is very active and you got some technical levels looking pretty good, mandy. >> actually, that oil etf is a pretty good segue into the oil check because the president's early return to washington sparking an oil rally. bertha coombs has been
the u.s. fda considering it. their decision expected by st. patrick's day of 2013. infinity farm amended a licensing agreement involving enzymes that could help fight against cancer. rbc likes it. they raised their price target to 38 from 32. this company also recently sold stock which rbc adds could help shore up their capital position. >>> finally, best buy. best buy shares not moving higher today. in fact, down a percent. but you had positive comments i want to relay to you about...
73
73
Dec 27, 2012
12/12
by
CNBC
tv
eye 73
favorite 0
quote 0
we like home depots and u.s. gypsums and they continue to do well. >>> still on deck, call it the hottest trade in the world, why a plunging yen is creating big opportunities for investors. one of our traders is making a daring short bet on a popular stock. when we come back. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed ba
we like home depots and u.s. gypsums and they continue to do well. >>> still on deck, call it the hottest trade in the world, why a plunging yen is creating big opportunities for investors. one of our traders is making a daring short bet on a popular stock. when we come back. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the...
122
122
Dec 27, 2012
12/12
by
CNBC
tv
eye 122
favorite 0
quote 1
. >> drop for u.s. steel. x was down 2%. mike murphy? >> down 2%. what i consider a healthy pull back. this whole sector's had a nice rally on positive china data. so, i think the stock is just pulling back a little bit more than 2% today, but still in a bullish formation. >> and we have a drop here for presents. a drop for presents? tired of tube socks? sick of scarves? here's a problem that many people face. what do you do with the unwanted holiday gifts? more than 350 users have posted items on ebay with the heading unwanted christmas presents and with many rejected presents still wrapped, you can strike it rich on one of these unloved gifts. >> you just had to throw the inlaws in there, right? >> not like i have any experience. but i would imagine that might be difficult. >> that's the regifting move. i like it. >>> coming up next, call it the hottest trade on earth. why a plunging yen is creating big opportunities. >>> and later, the "twilight" movie saga grossing $3 billion for lionsgate. we find out what's next for the company as its stock so
. >> drop for u.s. steel. x was down 2%. mike murphy? >> down 2%. what i consider a healthy pull back. this whole sector's had a nice rally on positive china data. so, i think the stock is just pulling back a little bit more than 2% today, but still in a bullish formation. >> and we have a drop here for presents. a drop for presents? tired of tube socks? sick of scarves? here's a problem that many people face. what do you do with the unwanted holiday gifts? more than 350 users...
128
128
Dec 28, 2012
12/12
by
CNBC
tv
eye 128
favorite 0
quote 0
therefore, the u.s. economy, we're on fragile ground right now. >> short term, sarge, this market held hostage minute by minute by the developments out of washington. >> yeah, sure, if we don't see any kind of compromise whatsoever, you'll see this s&p 500 trading in the 1360s next week. i think you'll get a short-term deal, address some of the issues, not really solve anything, kick the can down the road much like they do in europe and get your mild positive reaction going into the jobs data on friday. >> do you think we get a definitive move in this market one way or the other with some announcement out of washington, or is this market just so tired of all of the developments there? what do you think? >> well, there's still a risk-on trend, and if they kick the can down the road or actually come to some kind of compromise, that trend is intact, and you'll see going into the first few months of the year i believe very positive price action for all the equity indexs? >> what now, rick? what say you? what
therefore, the u.s. economy, we're on fragile ground right now. >> short term, sarge, this market held hostage minute by minute by the developments out of washington. >> yeah, sure, if we don't see any kind of compromise whatsoever, you'll see this s&p 500 trading in the 1360s next week. i think you'll get a short-term deal, address some of the issues, not really solve anything, kick the can down the road much like they do in europe and get your mild positive reaction going into...
165
165
Dec 4, 2012
12/12
by
CNBC
tv
eye 165
favorite 0
quote 0
core logic reporting u.s. home sales are up 6.3%. with fears of the fiscal cliff looms, are we out of the woods yet? are those worries prompting wealthy homeowners to sell ahead of possible tax changes? good to see everybody. robert, back in august you were the first to report the trend. now the race for homeowners to close before 2013 is heating up. just got a couple weeks left before the fiscal cliff. what's at stake here? >> for the wealthy homeowners and sellers, especially, it's a lot of money. if you have a $20 million or $had $30 million home, you're talking thousands in tax savings. the concern was this could add to inventory and possibly depress prices. you had wealthy people not just listing their homes in hopes of selling them this year but taking lower prices to avoid higher taxes. in fact, the housing market, especially at top, has been strong toward the ends of this year. i think some of those fears are now alleviated, especially with all the foreign money coming into places like miami and new york. i think if anything,
core logic reporting u.s. home sales are up 6.3%. with fears of the fiscal cliff looms, are we out of the woods yet? are those worries prompting wealthy homeowners to sell ahead of possible tax changes? good to see everybody. robert, back in august you were the first to report the trend. now the race for homeowners to close before 2013 is heating up. just got a couple weeks left before the fiscal cliff. what's at stake here? >> for the wealthy homeowners and sellers, especially, it's a...
170
170
Dec 20, 2012
12/12
by
CNBC
tv
eye 170
favorite 0
quote 0
then, as hiring picks up in the u.s., could paychecks help you cash in? and with the housing market in full recovery, is it time to furnish your financials with eth ethan allen. there are the interviews you can't afford to miss, all coming up on "mad money." >>> don't miss a minute of "mad money." follow jim on twitter. send jim an e-mail or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> our leaders in washington are constantly paying lip service to the importance of small business. as a posture generally do nothing constructive to reach a fiscal cliff deal. if the politicians really cared about small
then, as hiring picks up in the u.s., could paychecks help you cash in? and with the housing market in full recovery, is it time to furnish your financials with eth ethan allen. there are the interviews you can't afford to miss, all coming up on "mad money." >>> don't miss a minute of "mad money." follow jim on twitter. send jim an e-mail or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. i always wait until the last minute. can i still...
70
70
Dec 26, 2012
12/12
by
CNBC
tv
eye 70
favorite 0
quote 0
the u.s. has been growing. we've got housing, we've got automobiles. both have put in good numbers and we would expect that our economy will be able to weather the rockiness near term and benefit from an agreement on this fiscal cliff. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said before, if we move into a recession, you're not going to get a 1585 target or 2 $108 in earnings. we're not expecting the powers that be in washington are going to be willing to save a defeat from the jaws of victory. >> you haven't watched them before, john, have you? >> i've been around for a long time. i have watched them before. i do know that th
the u.s. has been growing. we've got housing, we've got automobiles. both have put in good numbers and we would expect that our economy will be able to weather the rockiness near term and benefit from an agreement on this fiscal cliff. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s....
59
59
Dec 13, 2012
12/12
by
CNBC
tv
eye 59
favorite 0
quote 0
. >> on luxury, the big thing for me is china's not 25% of the global luxury goods market and the u.s. is 20%. china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think this is a great place to raise cash. >> we're showing charts and the gauges for tiffany as well as coach and they are very l leveraged to china. >> no doubt. >> the negative power gauge there. there is one stock that you brought with you, mark, that is positive in terms of the power gauge, and that is yahoo!, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these eng
. >> on luxury, the big thing for me is china's not 25% of the global luxury goods market and the u.s. is 20%. china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach...
237
237
Dec 27, 2012
12/12
by
CNBC
tv
eye 237
favorite 0
quote 0
weakness in the u.s. dollar. greenback nearing an eight-month low against the euro and approaching fiscal cliff. slight uptick in home prices here in the u.s. also giving a boost to crude in wednesday's trade. of course now investors will be looking ahead to tomorrow's weekly inventory report. drawdowns of crude as well as -- supplies are expected and we are expecting an uptick in gasoline inventories. forecasts for last week. >> price of natural gas at the same time, we talked so much about this explosion, ability to get natural gas. how is that playing out? >> it is, you know, again, weather related. couple of things there. colder weather gives a lift to natural gas in that case. at the same time, supplies expanding and they are counter-bailing force was natural gas at this point. >> mary thompson, thanks so much. >>> few days ago cnbc host piers morgan appeared on "the kudlow report" to defend his strong and often nasty attacks on american gun laws. and that is sparking a backlash. a petition to have piers mor
weakness in the u.s. dollar. greenback nearing an eight-month low against the euro and approaching fiscal cliff. slight uptick in home prices here in the u.s. also giving a boost to crude in wednesday's trade. of course now investors will be looking ahead to tomorrow's weekly inventory report. drawdowns of crude as well as -- supplies are expected and we are expecting an uptick in gasoline inventories. forecasts for last week. >> price of natural gas at the same time, we talked so much...
214
214
Dec 17, 2012
12/12
by
CNBC
tv
eye 214
favorite 0
quote 0
the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two years together we could have 30, if we get some of the things -- >> we had three straight years at 30. >> that was a different world. earnings were higher. they're flagging a bit now. >> if everybody gets what they want with this, even the corporations aren't suddenly unleashed, either, with all their corporate -- >> it's going to be slow. the linger of the debt wind-down and the residual issues. that takes years to unravel. >> we have not talked individual stocks. when you see what's happened with apple, what do you think? >> apple starting to have more
the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two...
199
199
Dec 18, 2012
12/12
by
CNBC
tv
eye 199
favorite 0
quote 0
see your doctor, and for a 30-day free trial, go to axiron.com. >>> the u.s. was one of 55 nations to refuse to sign the treaty last friday fearing that it would open the door to online censorship. rick santelli has a lot more on that. tell us about it, rick. >> absolutely, carl. i've been watching this story for months now. thanks for the likes of google as the u.n. tries to take over, moderate, become the referee for one of the greatest job creators, one of the most creative endeavors, and that's the internet. so two weeks prior to last friday, 149 countries you all got together at the world teleconference and we do have ambassador terry cramer. welcome. >> thank you. >> maybe you can tell us exactly what most americans should be aware of when we name countries like north korea, china, russia, the arab lock that are trying to control the internet and i find it fascinating that among the biggest trading partners, tell us what is going on. >> rick, it's supposed to be on telecommunications, not on the internet. and what became clear very early on is proposals
see your doctor, and for a 30-day free trial, go to axiron.com. >>> the u.s. was one of 55 nations to refuse to sign the treaty last friday fearing that it would open the door to online censorship. rick santelli has a lot more on that. tell us about it, rick. >> absolutely, carl. i've been watching this story for months now. thanks for the likes of google as the u.n. tries to take over, moderate, become the referee for one of the greatest job creators, one of the most creative...
174
174
Dec 19, 2012
12/12
by
CNBC
tv
eye 174
favorite 0
quote 1
u.s. employees. at that time, globally, over -- outside the u.s. they had about 205,000. when i was working on my project in may of 2012, we want to get it straight, the same spokesman said they currently had 77,000 employees. does that look about the same to you? how many times we're at millions and millions and they had around 215,000 global employees. so we want to just put the record straight here. i personally think the cottage industries is overplayed a bit. if i'm in the business and you do 14 million annualized units of sales, so many cars are going to be sold. and manufacturers will just sell to another one. but that's an argument for another day. carl, back to you. >> all right. thank you, rick santelli. after the break, manolos and milk. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy a
u.s. employees. at that time, globally, over -- outside the u.s. they had about 205,000. when i was working on my project in may of 2012, we want to get it straight, the same spokesman said they currently had 77,000 employees. does that look about the same to you? how many times we're at millions and millions and they had around 215,000 global employees. so we want to just put the record straight here. i personally think the cottage industries is overplayed a bit. if i'm in the business and you...
197
197
Dec 14, 2012
12/12
by
CNBC
tv
eye 197
favorite 0
quote 0
while the u.s., i think, is strong because of foot locker, but some analyst came out today and said u.s. is even weak. remember, nike trades on futures orders, not on earnings. so if you're dumb enough to want to trade in after hours, be aware, you might be trading on the wrong number. friday. these are big brand names. what a big week next week. friday we get results from walgreen's. i feel badly for wag. we just heard from cvs yesterday which boosted its numbers. that's a tough comparison to go against. i don't know how walgreen's can keep up. i will say this, though, the drug stores have been in secular share take mode from other stores, which is one reason why cvs was able to deliver such a strong number p. and i think walgreen's will show better numbers now that it's put its express scripts tiff behind it. moving over to cvs. that was really he helpful for c slchlt s. the gigantic purchase of alliance boots. and whether walgreen's is swallowing more than it can chew. be ready for the heimlich. the newly design the walgreen's and dwayne reed's in new york are things of beauty and am
while the u.s., i think, is strong because of foot locker, but some analyst came out today and said u.s. is even weak. remember, nike trades on futures orders, not on earnings. so if you're dumb enough to want to trade in after hours, be aware, you might be trading on the wrong number. friday. these are big brand names. what a big week next week. friday we get results from walgreen's. i feel badly for wag. we just heard from cvs yesterday which boosted its numbers. that's a tough comparison to...
152
152
Dec 3, 2012
12/12
by
CNBC
tv
eye 152
favorite 0
quote 0
jpmorgan chief u.s. economist, michael feroli. futures up 60. back in a minute. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. ♪ >> seven minutes until the bell. let's get cramer's mad dash on this monday morning. first trading day of december. jim, people are watching apple because the 50% retracement of the correction is at 605. so we
jpmorgan chief u.s. economist, michael feroli. futures up 60. back in a minute. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more...
143
143
Dec 21, 2012
12/12
by
CNBC
tv
eye 143
favorite 0
quote 0
china not as bad as we though, u.s. very strong. so nike, if it goes back to 97, it means we're going to have a real bad couple of days in my view. look at red hat. red hat is a technology company that is deeply involved in the cloud. they, too, had a better than expected number, as did oracle in the cloud. so these are my two tales for the trading today, david. if you pick the best of the best and they go down, you'll really have a couple of -- >> when it comes to the so-called cloud play and the use of it in the competition here, is that one of the key names? >> yes, it allows you to manage cloud in a cheap -- an anti-microsoft business. their partner is sales force.com. i'm really using these as tells. in other words, these are the ones where there's natural buyers. as we just found out how good things are. it wasn't like we found out a month ago. we just found out last night. if they have resilience, the market is going to be more resilient than people think. if they give up the ghost, i think next week's going to be difficult,
china not as bad as we though, u.s. very strong. so nike, if it goes back to 97, it means we're going to have a real bad couple of days in my view. look at red hat. red hat is a technology company that is deeply involved in the cloud. they, too, had a better than expected number, as did oracle in the cloud. so these are my two tales for the trading today, david. if you pick the best of the best and they go down, you'll really have a couple of -- >> when it comes to the so-called cloud...
301
301
Dec 24, 2012
12/12
by
CNBC
tv
eye 301
favorite 0
quote 1
the u.s. mx said the stoppage in the west coast a decade ago cost the economy about $1 billion a day. reportedly the unions offered to extend the contract through january was rejected. if there's a strike, the union says clothing, frozen foods and household goods would not move. but mail, military cargo and some perishables may go through. the last time we had an east coast strike like this, 1977. i did call the union's main office this morning. they are closed for the holidays. and on their website, a little bit of foreboding, there's a big fat link on the upper right side that says strike preparations. melissa, back to you. >> brian, as we've seen with other strikes, of course, theoretically shifts can go into other ports maybe in mexico and goods can move up by rail or truck. >> yes. but it does complicate the supply chain. there is obviously some distribution issues. but yes, there are ways around it. it just complicates it and costly. >> brian shactman, thank you. as congressional leaders
the u.s. mx said the stoppage in the west coast a decade ago cost the economy about $1 billion a day. reportedly the unions offered to extend the contract through january was rejected. if there's a strike, the union says clothing, frozen foods and household goods would not move. but mail, military cargo and some perishables may go through. the last time we had an east coast strike like this, 1977. i did call the union's main office this morning. they are closed for the holidays. and on their...
157
157
Dec 5, 2012
12/12
by
CNBC
tv
eye 157
favorite 0
quote 0
and bring the u.s. and allies closer to the serious vicivil w. former deputy assistant defense secretary. rula let me begin with you. is this going to blow up into a civil war and blow up? >> no, i think it is against him grabbing power. it is a sign that he needs to back off and drop the decrees and make a constitution that is not acceptable by the egyptians. he is not governing in the name of the muslim brotherhood. he needs to listen to them. >> his recent actions suggest that the answer is no. and that is he going his own way. >> i hope she is right. everyone that you can think of is that the people who prevailed is that the people who are the most organized are the most ruthless. i want to ask you about the role of al qaeda in iraq and in jordon. could this spread to iraq? >> i think they have nothing to do with each other. it is wrong. they are two different cultures. they are a million years away from each other. let protesters are civil enough not to become violent. you saw the soldiers and the police men. they let them say what they want
and bring the u.s. and allies closer to the serious vicivil w. former deputy assistant defense secretary. rula let me begin with you. is this going to blow up into a civil war and blow up? >> no, i think it is against him grabbing power. it is a sign that he needs to back off and drop the decrees and make a constitution that is not acceptable by the egyptians. he is not governing in the name of the muslim brotherhood. he needs to listen to them. >> his recent actions suggest that...
156
156
Dec 12, 2012
12/12
by
CNBC
tv
eye 156
favorite 0
quote 0
reports today say the u.s. is planning to send 20 f-16 fighter jets to syria. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti tooth constitution. why are we doing this? >> i'm as confused. i kint of say how is that working for you? nothing to do with syria, yemen ebipt and this is a mess and so is our policy. >> you are right. but we want to be careful by not ailnating the military. >> do we know, ebipt was a secularist. now, the question here is, is it going to become a sharia. is the brotherhood going to get this power. >> that is the biggest concern. we'll see how that goes on sunday. it would be a shame if egypt was less throw. >> why don't we hold this aid back
reports today say the u.s. is planning to send 20 f-16 fighter jets to syria. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti...
65
65
Dec 28, 2012
12/12
by
CNBC
tv
eye 65
favorite 0
quote 0
and u.s. equities are more correlated to the spanish and italian bond yields than they are to european gdp. we likehe european influence next year. >> let's say your focus is more on the united states right? if you're buying stocks, you believe your thesis that we're going to get to 1550 at a minimum consumer discretionary is tops on your list the second best performing sector this year behind financials. you think that continues to work why? >> we've seen profit taking on the cliff but by the same token this is an area that has the most to gain if we get a cliff deal and that is our base case. we also like industrials. there we don't think the china recovery and the better tone in europe are fully priced. industrials traded at market multiple. we think when it is a risk on pro cyclical environment you should see industrials trade at a bit of a premium to the market. >> why wouldn't you say financials? where are financials on your list? that would be a sector i would look at. >> i'll be honest
and u.s. equities are more correlated to the spanish and italian bond yields than they are to european gdp. we likehe european influence next year. >> let's say your focus is more on the united states right? if you're buying stocks, you believe your thesis that we're going to get to 1550 at a minimum consumer discretionary is tops on your list the second best performing sector this year behind financials. you think that continues to work why? >> we've seen profit taking on the cliff...
190
190
Dec 28, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
and guess what -- >> jimmy you got a democrat u.s. president, democratic chamber with the u.s. senate, why can't the president get this done? i mean, this is-ish. >> it's that simple. there are two words, they're called, i object. if you've ever worked -- raise your hand on the panel if you've ever worked in the united states senate. i don't see any hands. in the senate you got 100 egotistical men and women, which i'm fine with that. but if one of them is pissed off about something, they say i object and you can't get it through. the bottom line is, you've got one person objecting, mitch mcconnell. i like mitch mcconnell. he's not a terrible guy. but he keeps objecting and that's going to be the problem. he's going to be the decider on this. if he can get his caucus to coalesce and get 60 votes or no objections, something's going to come out of the senate. it's too late to get it done by january 1st. we're going off the cliff, boys. >> all right. how far -- >> i want to try out my idea. >> okay. >> because i still think we're talking about end of january, early february. that's
and guess what -- >> jimmy you got a democrat u.s. president, democratic chamber with the u.s. senate, why can't the president get this done? i mean, this is-ish. >> it's that simple. there are two words, they're called, i object. if you've ever worked -- raise your hand on the panel if you've ever worked in the united states senate. i don't see any hands. in the senate you got 100 egotistical men and women, which i'm fine with that. but if one of them is pissed off about something,...
60
60
Dec 27, 2012
12/12
by
CNBC
tv
eye 60
favorite 0
quote 0
plus, we have a host of market experts weighing in on the odds of a u.s. debt down gradient if the u.s. can't get its house in order by next year. let's see if that will derail the housing industry that picked up steam this year. it's all ahead. mandy is joining me ahead for the last hour of the day on "closing bell." >> bill, thank you very much. >>> before we get to the secret stock, there it is, zesears. according to a republican house aid, the gop or the house will reconvene 6:30 p.m. on sunday night. so here we go, folks. you were talking about a potential last-minute deal. guess what, congress is still out. according to republican aid, they will be coming back to the house beginning a session at 6:30 sunday night. look at the markets. we're still down 99, folks. far right side of your screen. we are seeing a bit of a turn. we had the reid comments earlier. hey, we're going to go over the cliff. that sent it down. now we're seeing a turn. >>> we'll have more on this. i'm sheer eamon jabbers is rushing back to a camera in the segue as we speak. in the
plus, we have a host of market experts weighing in on the odds of a u.s. debt down gradient if the u.s. can't get its house in order by next year. let's see if that will derail the housing industry that picked up steam this year. it's all ahead. mandy is joining me ahead for the last hour of the day on "closing bell." >> bill, thank you very much. >>> before we get to the secret stock, there it is, zesears. according to a republican house aid, the gop or the house will...
97
97
Dec 6, 2012
12/12
by
CNBC
tv
eye 97
favorite 0
quote 0
and what's curious to me is that u.s. sales for apple just accounts for a fraction of total sales, why would what at&t says have a major impact on the stock overall? >> i'm not sure that was the reason the stock was down specifically yesterday. it was one of the many reasons cited. but i think it was misinterpreted by a lot of media outlets, at&t basically said their smartphone sales would be flat year-over-year, which on the surface sounds bad, but that's better than what most were projecting. and at&t had such a big iphone 4s quarter last year and some of those iphone 5 sales slipped into the september quarter this year. so if you look at what at&t is going to sell for iphones for the full second half of the year, still pretty strong 20% growth at at&t by the time it's all said and done. >> aside from that, tavis, what is the biggest driver? >> well, i think it's two selloffs. one was from kind of the 700 top, and i think that was mostly, you know, i think that one is valid. it is -- this stock has fundamentally changed
and what's curious to me is that u.s. sales for apple just accounts for a fraction of total sales, why would what at&t says have a major impact on the stock overall? >> i'm not sure that was the reason the stock was down specifically yesterday. it was one of the many reasons cited. but i think it was misinterpreted by a lot of media outlets, at&t basically said their smartphone sales would be flat year-over-year, which on the surface sounds bad, but that's better than what most...
64
64
Dec 31, 2012
12/12
by
CNBC
tv
eye 64
favorite 0
quote 0
the impact will be felt in just about every aspect of the u.s. economy, especially u.s. manufacturing. let's bring it n president of power systems. also david watham. they make a wide range of manufacturing product from packaging to containers. both of you, great to have you with us today. david, to you first of all. i don't know if you've been listening to the tv or radio or hearing about the headlines or the contours of the deal arising right now. what does it mean for your business? >> first off, i'm optimistic because it is a step in the right direction. all it is, is a step. big stuff to work on. >> that said and i talk a lot to counter parts, we are all operating in this mode we are in flat economies and a few bright spots around and you jump on those and anything with the solution, is pretty short term and there is a lot bigger stuff to do before we can grow the u.s. i'm a big optimist on the u.s. but we have work to do. >> david, in the lead up to this fiscal cliff deadline, a lot of ceos we have spoken to have said, just the uncertainty that the tax rates will b
the impact will be felt in just about every aspect of the u.s. economy, especially u.s. manufacturing. let's bring it n president of power systems. also david watham. they make a wide range of manufacturing product from packaging to containers. both of you, great to have you with us today. david, to you first of all. i don't know if you've been listening to the tv or radio or hearing about the headlines or the contours of the deal arising right now. what does it mean for your business? >>...
237
237
Dec 4, 2012
12/12
by
CNBC
tv
eye 237
favorite 0
quote 0
it just doesn't happen to be one of the u.s. military's. the u.s. navy claims that all its scan eagle drones have been accounted for. the iranians have said they captured the drone, they claim, by taking it over electronically as it was flying over u.s. air space. now, the problem with this is that scan eagle drones are pretty common in that region. when it comes to technology, they're at the very low end of the scale. they're readily available to almost every government in the region. many gulf states have them. intelligence indicates that the iranians either stole or perhaps bought this from under the table from some gulf state nation. but it doesn't appear that according to the u.s. navy, anyway, that there's any truth to the claims that the iranians actually seized a u.s. navy drone. >> all right, jim. thanks very much. >> we want to get to mary thompson. we have more breaking news right now on the arrest of a trader. mary. >> hey there, bill. this is about a securities trader, david miller. he's been arrested for wire fraud and charged with wir
it just doesn't happen to be one of the u.s. military's. the u.s. navy claims that all its scan eagle drones have been accounted for. the iranians have said they captured the drone, they claim, by taking it over electronically as it was flying over u.s. air space. now, the problem with this is that scan eagle drones are pretty common in that region. when it comes to technology, they're at the very low end of the scale. they're readily available to almost every government in the region. many...
317
317
Dec 31, 2012
12/12
by
CNBC
tv
eye 317
favorite 0
quote 0
we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it? >> of course, mandy. and that's part of the asset selection you have to do. for us one of the best areas we've seen has been in emerging market debt. it started out many years ago with the bricks and recently we've moved in the last five or six years to the n-11. by looking at those markets where we can have sovereign debt and corporate debt and relying on a good fund like the fidelity emerger. >> peter, i'm interested in what is going to be the key driver of the markets overall. i'm kind of sick of politics being the driver. right? because it means we're not driven by fun
we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it?...
151
151
Dec 26, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux guarantees of fixing the original faux guarantees as the intrusion really did get worse. i take you back to september of 2008 when the gses were put in the conservatorship and then treasury secretary paulson said the following quote. i attribute the need for today's action, talking about conservatorship, primarily to the inherent conflict and flawed business model embedded in the gse government sponsored enterprise structure and to the ongoing housing correction. well, first of all, how many experts have we had on lately that have said housing is doing much better. today's kate shiler seems to
only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux...
227
227
Dec 20, 2012
12/12
by
CNBC
tv
eye 227
favorite 0
quote 0
we've been watching u.s. equity futures and they have been indicated higher this morning after a bit of a sell-off yesterday for the dpau. you saw it down by 90-plus points yesterday after some big gains on monday and tuesday. this morning you see the dow futures indicated up by about 43 points above fair value. s&p also four points higher than fair value. overseas in asia, a little bit of a sell-off in japan. remember, though, the nikkei did see some massive gains the day above. in fact closed above 10,000 on wednesday for the first time since all the way back to march. overnight it ended up closing down by about 121 points, or make that tuesday. wednesday was the sell-off. where am i? no, no, no, wednesday was the big move up, thursday was the sell-off. they're 12 hours ahead of us. in europe at this hour you can see that there are barely any gains anywhere across the markets. relatively flat for both the ftse, the cac, and for the dax, saz well. again, all of these kind of waiting to see what happens in wa
we've been watching u.s. equity futures and they have been indicated higher this morning after a bit of a sell-off yesterday for the dpau. you saw it down by 90-plus points yesterday after some big gains on monday and tuesday. this morning you see the dow futures indicated up by about 43 points above fair value. s&p also four points higher than fair value. overseas in asia, a little bit of a sell-off in japan. remember, though, the nikkei did see some massive gains the day above. in fact...
203
203
Dec 31, 2012
12/12
by
CNBC
tv
eye 203
favorite 0
quote 0
. >> in the embassy you would be under u.s. law, right? >> that's u.s. ground. >> u.s. time? >> the embassy -- >> all this debt. anyway, we are back here in d.c., a d-day for real. joining us on the set is republican senator from wisconsin, ron johnson, member of the senate budget committee and appropriations committee. who i got to just say, senator, you're like beside yourself. you're a small business owner. you got hundreds of employees. you're here working in the senate, i wouldn't call you an accidental senator. although they wanted you to run and you did it quickly. but you're looking around right now, and where do you think you are? alice in wonderland? are you -- >> it's an alternate universe. this place is a joke. bottom line, this is an absurd process. it certainly proves the genius of our founding fathers that government should be limited. i mean the fact that we have this place, having such an enormous effect on our economy, on people's livelihood, is wrong. it's simply wrong. so i'm a manufacturer. i'm always looking for the root calls of the problem. the root ca
. >> in the embassy you would be under u.s. law, right? >> that's u.s. ground. >> u.s. time? >> the embassy -- >> all this debt. anyway, we are back here in d.c., a d-day for real. joining us on the set is republican senator from wisconsin, ron johnson, member of the senate budget committee and appropriations committee. who i got to just say, senator, you're like beside yourself. you're a small business owner. you got hundreds of employees. you're here working in...
170
170
Dec 5, 2012
12/12
by
CNBC
tv
eye 170
favorite 0
quote 0
we're about 55% in the u.s., 25% in developed non-u.s., and 25% in emerging. those emerging and developed non-u.s. numbers we pushed up back in october. >> how much risk do you think you're taking by going overseas like that? we hear people say how undervalued they feel the u.s. market is and what a mess many of those emerging markets are right now. >> it's interesting. quite frankly, a lot of the emerging markets have underperformed quite significantly in the past year. >> isn't that appropriate, though, given the fact the growth rates have come way down? >> absolutely growth rates have come down. if you look at the underlying trend in the growth rates and the pmis coming out of those countries, they probably bottomed back in the summer, probably in august and september. they're beginning to creep back up now. >> you think we'll see back to the highs in terms of the growth rates and places like brazil? >> i think we're looking at 5% to 6%. that's probably better than 2% out of the u.s. >> absolutely. >> eric, what's your best idea right now? >> well, i think
we're about 55% in the u.s., 25% in developed non-u.s., and 25% in emerging. those emerging and developed non-u.s. numbers we pushed up back in october. >> how much risk do you think you're taking by going overseas like that? we hear people say how undervalued they feel the u.s. market is and what a mess many of those emerging markets are right now. >> it's interesting. quite frankly, a lot of the emerging markets have underperformed quite significantly in the past year. >>...
202
202
Dec 5, 2012
12/12
by
CNBC
tv
eye 202
favorite 0
quote 0
so if the u.s. puts in austerity as you say, then that is going to drag on the economies around the rest of the world. and you're looking at, i think, more concerns, and that could go back to the dollar, surprisingly. >> kevin, why don't we talk about oil prices? we did see oil touch above $90 last week at the end of the week. but it was a very brief move, this morning back down around $88. what's driving things right now? is it geopolitical or more of a story about what's happening in economies around the world? >> merry fiscal cliff-mas to you. you're going to see more bouncing like a yo yo, on the fundamental story, the models we have pointing going into 1q, the reason, it sort of rhymes in the spirit of the season. you have non-opec demand growing, global demand slowing, it's not snowing, and down is where we're going. the next big data point is probably the iaea report in february. and if that implicates more progress toward an iranian bomb, there's significant risk to look to the upside. in th
so if the u.s. puts in austerity as you say, then that is going to drag on the economies around the rest of the world. and you're looking at, i think, more concerns, and that could go back to the dollar, surprisingly. >> kevin, why don't we talk about oil prices? we did see oil touch above $90 last week at the end of the week. but it was a very brief move, this morning back down around $88. what's driving things right now? is it geopolitical or more of a story about what's happening in...
172
172
Dec 27, 2012
12/12
by
CNBC
tv
eye 172
favorite 0
quote 0
. >> u.s. equity futures at this hour -- whoa. hold it. >> what are you looking at? u.s. equity futures. >> it's okay on. didn't we already do this? >> i don't care. i really don't. the new prompter is giving you fits. and yesterday, it ended with a -- did you see that one yesterday? a word ended with a n and the next one i introduced the like like t. boone pickens or something like that. >> we have a new teleprompter and it adds words. >> that's special. >> and people that, you know, that's where we get all of our info, right out of that baby there. anyway, futures are up 14 points. 13114 is where we are right now. i don't know. fiscal cliff is three days away and we're still above 13,000. that's what we're talking about. you would think if the growth was going to flow based on us going over the cliff, you would think oil would start to weaken. we haven't seen that much in that respect, either. as far as the ten year, stable at 98 of 6719. finally, gold -- i don't know. bernanke is on full 85 billion a month mode and it's below 1 hup. >> i don't understand that much. do
. >> u.s. equity futures at this hour -- whoa. hold it. >> what are you looking at? u.s. equity futures. >> it's okay on. didn't we already do this? >> i don't care. i really don't. the new prompter is giving you fits. and yesterday, it ended with a -- did you see that one yesterday? a word ended with a n and the next one i introduced the like like t. boone pickens or something like that. >> we have a new teleprompter and it adds words. >> that's special....
182
182
Dec 10, 2012
12/12
by
CNBC
tv
eye 182
favorite 0
quote 0
i'd say own the entire u.s. stock market. or if you wish, with some seasoning from the emerges markets or the developed markets of the world. own the market, if you will. because that way you know you will capture almost all the market's return. you will not capture the market's return if you trade with one another because of that hump taken out of your market by wall street. >> do you have some specific advice for our viewers going into 2013? how would you invest for 2013? >> i would invest in 2013 the same way i did in 2012. and i'd invest the way in 2014 the same way in 2013 sfp. >> so the same thing is going to work over and over again? >> there are a lot of things that are going to surprise us in any period. always do, always have, always will. but if we just hang in there, get our asset allocation right, you're going to want some bonds. even at today's terrible interest rates. so today i'd lean toward corporate bonds or corporate bond index rather than government bonds. but some bonds, some stocks, general rule of them
i'd say own the entire u.s. stock market. or if you wish, with some seasoning from the emerges markets or the developed markets of the world. own the market, if you will. because that way you know you will capture almost all the market's return. you will not capture the market's return if you trade with one another because of that hump taken out of your market by wall street. >> do you have some specific advice for our viewers going into 2013? how would you invest for 2013? >> i...
209
209
Dec 17, 2012
12/12
by
CNBC
tv
eye 209
favorite 0
quote 0
. >> the big concern we have is at some point the u.s. economy can saturate in terms of iphone 5 sales. we need growth to come from emerging markets. and android is dominating that market. and most are developing content for android first. you look at the asian market which is going to be the pillow of growth long-term. and its apps are going to be inferior to what android is pumping out. once we think samsung and the chinese will outperform apple. >> and what about that, brian? there's plenty of competition as maria points out in the phone business, the tablet business. especially when you consider the price point that they put on their ipad mini. it was much higher than people were anticipating. so does that mean that amazon and google can make more inroads there as well? >> well, we think maybe that apple left some of that business on the table that price sensitive customers will turn towards google and amazon. but we think the ipad mini is good profitability. we thought it would cannibalize larger ipad. now we think they're equivalent
. >> the big concern we have is at some point the u.s. economy can saturate in terms of iphone 5 sales. we need growth to come from emerging markets. and android is dominating that market. and most are developing content for android first. you look at the asian market which is going to be the pillow of growth long-term. and its apps are going to be inferior to what android is pumping out. once we think samsung and the chinese will outperform apple. >> and what about that, brian?...
200
200
Dec 31, 2012
12/12
by
CNBC
tv
eye 200
favorite 0
quote 0
>> first of all i agree with john that the u.s. market remains fairly attractive. the thing about international is a couple things. first of all, if you look at a broad index efa is stretched to the downside than historic levels. the s&p looks attractive. the other thing is the policy mandate in places like europe believe it or not for the first time in a really long time they actually may be clearer than the u.s. >> chris, is there something about the fiscal cliff, deal or no deal, that makes you concerned about u.s. equities versus international ones? >> well, yes. but i think it's a relative concern. because i think risk assets around the world are attractively valued right now. but you're absolutely right. regardless of what sort of deal we get today or in the next three months, the fact of the matter is it will have an adverse impact next year. the question is is it going to be bad enough to throw the country into recession or not? we suspect not. and you're seeing today that it looks like a -- that both political sides have been able to find common ground on
>> first of all i agree with john that the u.s. market remains fairly attractive. the thing about international is a couple things. first of all, if you look at a broad index efa is stretched to the downside than historic levels. the s&p looks attractive. the other thing is the policy mandate in places like europe believe it or not for the first time in a really long time they actually may be clearer than the u.s. >> chris, is there something about the fiscal cliff, deal or no...
219
219
Dec 14, 2012
12/12
by
CNBC
tv
eye 219
favorite 0
quote 0
allen tunnelson is the research fellow at the u.s. business and industry council and author "race to the bottom." he says piracy is so pervasive in china that no company's technology is safe. welcome to you both. i'm just stunned, max, that i get fake iphones, but you have fake iphone stores as well? how does that happen? >> the whole constellation of apple approximate, the pads, ipads, ipods, is subject to this. and as many american companies including starbucks, iconic american brands, face nasty piracy which gets an official blind eye and sometimes get a rap on the knuckles but this is a major issue with billions of dollars and thousands of jobs at stake. apple is not the only one, but they have certainly suffered here and the status symbol that goes with the brand ownership makes this a little worthwhile in the kind of upside down thinking of the piracy system which is fairly well articulated in china. >> and what impact do you think this does have on sales when you have this kind of piracy ahead of the official launch of a produc
allen tunnelson is the research fellow at the u.s. business and industry council and author "race to the bottom." he says piracy is so pervasive in china that no company's technology is safe. welcome to you both. i'm just stunned, max, that i get fake iphones, but you have fake iphone stores as well? how does that happen? >> the whole constellation of apple approximate, the pads, ipads, ipods, is subject to this. and as many american companies including starbucks, iconic...
99
99
Dec 31, 2012
12/12
by
CNBC
tv
eye 99
favorite 0
quote 0
the u.s. is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal cliff negotiations. it is an absolute must across the potomac river at the pentagon. there would be a $55 million in spending, about 10% cut in many programs while a lot could be delayed, the most immediate contingency is notifying an estimated 800,000 civilian employees about furloughs in the new year. south carolina senator lindsay graham after he was contacted by secretary of defense leon panetta. >> he says if we do that, it will shoot the defense department in the head and we will have to send out 800,000 layoff notices at the beginning of the y
the u.s. is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal...
266
266
Dec 7, 2012
12/12
by
CNBC
tv
eye 266
favorite 0
quote 0
we focus so often on u.s. and u.s. companies. the chinese may not be doing a lot of investing for various reasons including political considerations, but they are investing around the world aggressively when it comes to resources. no deal more reflective of that than the one we are waiting for, investors in takeover space are waiting for approval if it does, i'm talking about cnooc's. we'll see if that deal is going to occur. many expect that it will. that seems to be where it is. one never knows on these important issues but again another deal, important deal adding to that very large total for m&m out of china. >> something to watch going into 2013. >>> whirlpool has had the fourth best performance on the s&p 500 so far this year. we'll talk to the ceo about his plan to expand in the united states coming up in the next hour. >>> more reaction to this morning's jobs report. it's an exclusive with goldman sachs chief economist jan hatzius. early movers topped off by sears up 4.5%. >>> i'm sharon epperson at the nimax. interesting
we focus so often on u.s. and u.s. companies. the chinese may not be doing a lot of investing for various reasons including political considerations, but they are investing around the world aggressively when it comes to resources. no deal more reflective of that than the one we are waiting for, investors in takeover space are waiting for approval if it does, i'm talking about cnooc's. we'll see if that deal is going to occur. many expect that it will. that seems to be where it is. one never...
252
252
Dec 27, 2012
12/12
by
CNBC
tv
eye 252
favorite 0
quote 1
>> light in the u.s. unless the politicians actually start working, some are going to show up today and they do something. then they are going to start talking, trying to put out headlines, try to outdo each other, talk to guys like carl, gals like you and try to say, hey, look at me, i'm fixing everything, then you will see markets move a little bit. >> in terms of the volatileity, we have seen volatility remain extremely low. granted, we are in a holiday-short and week, therefore it is artificially depressed, higher than we are seeing it now, at 19 and change or so. what do you account for the complacency in the market, remained in the market most of the month of december, as we are nearing the deadline? >> you have two competing things, guys who made money and don't want to risk it and guys that missed the move and are frustrated they are not going to get n the retail investor is not really participating, a lot of the funds respect playing right now either, they will wait until next week. >> i know a l
>> light in the u.s. unless the politicians actually start working, some are going to show up today and they do something. then they are going to start talking, trying to put out headlines, try to outdo each other, talk to guys like carl, gals like you and try to say, hey, look at me, i'm fixing everything, then you will see markets move a little bit. >> in terms of the volatileity, we have seen volatility remain extremely low. granted, we are in a holiday-short and week, therefore...
167
167
Dec 6, 2012
12/12
by
CNBC
tv
eye 167
favorite 0
quote 0
>> in the u.s. where our sales square foot -- you're seeing great growth in our sales per square feet. >> i want to talk to you about the shorts in the stock. it was an interesting move in your stock on october 7, when lulu shares lowered on news that david einhorn was not a short seller in your shares. have you talked to david einhorn, has he called in to any of the conference calls, has he engaged you in any way? >> we are aware that he has been in on some of the calls but he has not engaged us in any way. i think it would be -- typically he looks at far more distressed companies and our company is a financially well run business with a lot of growth opportunities in front of us. we can't play with the shorts. our job and my job is to run a great business and that's what we do quarter after quarter and i think we have a great track record of doing that. >> just to recap, you seem very nervous about the coming weeks partly because of the fiscal cliff. people who already train and who work out regul
>> in the u.s. where our sales square foot -- you're seeing great growth in our sales per square feet. >> i want to talk to you about the shorts in the stock. it was an interesting move in your stock on october 7, when lulu shares lowered on news that david einhorn was not a short seller in your shares. have you talked to david einhorn, has he called in to any of the conference calls, has he engaged you in any way? >> we are aware that he has been in on some of the calls but...
245
245
Dec 24, 2012
12/12
by
CNBC
tv
eye 245
favorite 0
quote 0
so you've got the fundamentals of a pretty good economy in the u.s. if we don't do things that are self-inflicted but that's what we're doing. >> right. ultimately that is what we're faced with. we're faced with fiscal forces that could undo a lot of that. but rick makes a good point with the volatility. we were voting on t.a.r.p. which would produce liquidity for the market. we have the backdrop of that. so i think these initial bursts, you know, they're not going to be as volatile as that time period but i still think we could pick up steam. look, ultimately if we start a trend lower, we saw volatility after the presidential election. we saw what happened, a thousand points came off the dow at a very short period of time. i think people are being lulled into complacency starting to think, well, we don't have that. it is not like it was. it could very well be very quickly. so again, i'm not trying to cry wolf. what i'm trying to say is people should be prepared. selling is not this evil thing. this protection, making sure they have levels at which th
so you've got the fundamentals of a pretty good economy in the u.s. if we don't do things that are self-inflicted but that's what we're doing. >> right. ultimately that is what we're faced with. we're faced with fiscal forces that could undo a lot of that. but rick makes a good point with the volatility. we were voting on t.a.r.p. which would produce liquidity for the market. we have the backdrop of that. so i think these initial bursts, you know, they're not going to be as volatile as...
173
173
Dec 18, 2012
12/12
by
CNBC
tv
eye 173
favorite 0
quote 0
. >>> and in corporate news, a u.s. investigation finds more evidence about how walmart used payoffs allegedly in mexico to advance its gold down there. it's tuesday, december 18th, 2012. "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now t
. >>> and in corporate news, a u.s. investigation finds more evidence about how walmart used payoffs allegedly in mexico to advance its gold down there. it's tuesday, december 18th, 2012. "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing...
199
199
Dec 3, 2012
12/12
by
CNBC
tv
eye 199
favorite 0
quote 0
the u.s. has around 5 million millionaires with a total net worth of $18.8 trillion according to insight in london. if we go off the cliff, next year the population of millionaires would drop by 315,000. their fortunes would drop by $240 billion. if we get a deal but it's bad for the economy, the millionaire population would drop by 26,000 millionaires. if we get a deal and it's good for the economy, millionaires would grow by 230,000 and their fortunes would soar by $1 trillion. yo under score the cost of the cliff, if no threat of a cliff at all, the number of millionaires would grow by 443,000, a 9% increase. the difference between no cliff and going over the cliff is more than 750,000 millionaires, or about $1.3 trillion in worth, the gdp of canada. i'm looking at the impact of economic growth on millionaires, not attacks which could reduce that growth but a cliff deal alone could be worth $1 trillion in new wealth and new millionaires. another reason why the folks in washington should kee
the u.s. has around 5 million millionaires with a total net worth of $18.8 trillion according to insight in london. if we go off the cliff, next year the population of millionaires would drop by 315,000. their fortunes would drop by $240 billion. if we get a deal but it's bad for the economy, the millionaire population would drop by 26,000 millionaires. if we get a deal and it's good for the economy, millionaires would grow by 230,000 and their fortunes would soar by $1 trillion. yo under score...
279
279
Dec 28, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 1
. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a constructive meeting. we all understand where we are. >> we feel very comfortable with each other and this isn't something we're going to wait until the last day of december to get it done. >> isn't that special? now we're in the last days of december. and with just three days to go, the rhetoric has changed in the beltway. these are the latest comments. >> republicans aren't about to write a blank check for anything senate democrats put forward, just because we find ourselves at the edge of the cliff. t
. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that...